Foster Wheeler acquires Siemens environmental services business

The purchase includes assets of the former Wheelabrator Air Pollution Control Co. located in Pittsburgh, Pennsylvania, and the Advanced Burner Technology Co., located in Branchburg, New Jersey.

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Foster Wheeler announced Tuesday that it has finalized the
acquisition of the Siemens Environmental Systems and Services
business that supplies and services clean air technologies
for use in power plants and industrial facilities.

The transaction was closed on April 30, 2014.

The Siemens Environmental Systems and Services
purchase includes assets of the former Wheelabrator Air
Pollution Control Company located in Pittsburgh,
Pennsylvania, and the Advanced Burner Technology Company, located in
Branchburg, New Jersey.

Foster Wheeler is in the process of integrating the assets
into the global environmental and industrial
product offerings of its global power business, according to
company officials.

With the purchase, Foster Wheeler says it now offers a
comprehensive line of environmental equipment to complement
its steam generator products. The offerings include design,
engineering, retrofit and service of a broad range of clean
air technologies for power and industrial plants including:
wet and dry flue gas desulfurization (FGD) and particulate
control (fabric filters and electrostatic precipitators),
acid gas control, mercury control, NOx reduction and
combustion optimization systems.

With environmental legislation becoming increasingly
stringent around the world, we wanted to be in a better
position to address these environmental challenges for our
clients, said Gary Nedelka, CEO of Foster
Wheelers global power segment. Foster Wheeler now
offers a full array of solutions to meet both tightening environmental regulations and the
growing demand for energy on a global basis.

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